Bill Crager, co-founder and former CEO of Envestnet, played a pivotal role in transforming the company into a leading managed solutions service provider with over $5.4 trillion in client assets and more than 107,000 advisors served. Recognized as an industry pioneer, Crager's vision focused on modernizing technology and integrating financial services to effectively serve the independent Registered Investment Advisor (RIA) space.
Who is the CEO of Envestnet?
Bill Crager, co-founder of Envestnet, has an extensive background in the financial services industry. Prior to joining Envestnet, he was a Managing Director at Nuveen (formerly Rittenhouse Financial Services), where he developed a technology-driven client service platform that integrated investor communications. As the former CEO of Envestnet, he played a crucial role in the company's growth and success, leading it to become a leading managed solutions service provider. Crager's leadership has been recognized within the industry, earning accolades such as being named on Investment News' 2023 Hot List and receiving the Industry Pioneer award from the Money Management Institute in 2015.
In 2024, he transitioned from his role as CEO to a Senior Advisor position, focusing on client and partner relationships, strategic initiatives, and continuing as a visionary voice in the financial services industry.
Work History
- Strategic Advisor at Envestnet, Inc: April 2024 to present
- Chief Executive Officer at Envestnet, Inc: October 2019 to April 2024
- President at Envestnet, Inc: January 1999 to October 2019
- Managing Director at John Nuveen: January 1995 to January 2000
Education History
Bill Crager, co-founder of Envestnet, holds a Bachelor of Arts (BA) degree in Economics from Fairfield University. He attended the university from 1982 to 1986, where he gained a strong foundation in economic principles and theories that would later contribute to his success in the financial services industry.
When did Bill Crager join Envestnet?
Bill Crager co-founded Envestnet in 1999 and has been with the company ever since. He became the CEO in October 2019, following the tragic death of his fellow co-founder, Jud Bergman. As of April 2024, Crager has transitioned to a Strategic Advisor role within the company, marking a total of 25 years of service at Envestnet.